Thursday, February 15, 2018 12:13:15 AM
The company extended the conversion period until 2/20
A) Bad......because the warrent holders are not converting the warrents to shares...I guess they are not converting because the price of the stock is too close to the conversion rate of the warrent...ie very little money to be made, or they don't want to own the stock at $1.20 USD.
B) Good...The company might release some positive news in the next couple days to drive the price up so the warrent holders have a reason to convert.
Anyone else have any ideas on this?
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